Market Closed -
Japan Exchange
11:30:00 02/05/2024 am IST
|
5-day change
|
1st Jan Change
|
3,899
JPY
|
-0.20%
|
|
+1.83%
|
+5.09%
|
Fiscal Period: März |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,68,177
|
1,24,957
|
1,34,764
|
1,19,752
|
1,27,766
|
1,33,539
|
-
|
-
|
Enterprise Value (EV)
1 |
2,08,906
|
1,51,701
|
1,67,505
|
1,63,244
|
2,12,943
|
2,12,752
|
2,09,436
|
2,12,161
|
P/E ratio
|
21.9
x
|
11.4
x
|
11.6
x
|
12.8
x
|
-22.4
x
|
11
x
|
9.71
x
|
8.96
x
|
Yield
|
2.52%
|
3.7%
|
3.4%
|
3.57%
|
3.22%
|
3.08%
|
3.33%
|
3.51%
|
Capitalization / Revenue
|
0.67
x
|
0.51
x
|
0.56
x
|
0.65
x
|
0.62
x
|
0.59
x
|
0.57
x
|
0.56
x
|
EV / Revenue
|
0.83
x
|
0.62
x
|
0.7
x
|
0.89
x
|
1.04
x
|
0.95
x
|
0.9
x
|
0.88
x
|
EV / EBITDA
|
6.38
x
|
4.41
x
|
4.73
x
|
6.22
x
|
18.3
x
|
7.17
x
|
5.1
x
|
4.78
x
|
EV / FCF
|
20.5
x
|
12.6
x
|
12
x
|
74.4
x
|
-5.92
x
|
16.9
x
|
20
x
|
31.3
x
|
FCF Yield
|
4.89%
|
7.95%
|
8.31%
|
1.34%
|
-16.9%
|
5.91%
|
4.99%
|
3.2%
|
Price to Book
|
0.87
x
|
0.64
x
|
0.65
x
|
0.58
x
|
0.7
x
|
0.7
x
|
0.67
x
|
0.64
x
|
Nbr of stocks (in thousands)
|
38,573
|
38,567
|
38,231
|
35,640
|
34,254
|
34,250
|
-
|
-
|
Reference price
2 |
4,360
|
3,240
|
3,525
|
3,360
|
3,730
|
3,899
|
3,899
|
3,899
|
Announcement Date
|
15/05/19
|
22/05/20
|
13/05/21
|
12/05/22
|
11/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,51,061
|
2,45,159
|
2,39,274
|
1,84,209
|
2,04,705
|
2,25,000
|
2,33,667
|
2,40,100
|
EBITDA
1 |
32,724
|
34,411
|
35,397
|
26,245
|
11,659
|
29,680
|
41,080
|
44,380
|
EBIT
1 |
14,178
|
16,128
|
16,631
|
6,878
|
-8,555
|
7,064
|
17,383
|
19,517
|
Operating Margin
|
5.65%
|
6.58%
|
6.95%
|
3.73%
|
-4.18%
|
3.14%
|
7.44%
|
8.13%
|
Earnings before Tax (EBT)
1 |
12,010
|
15,503
|
17,023
|
12,013
|
-3,111
|
16,190
|
19,040
|
20,782
|
Net income
1 |
7,799
|
10,922
|
11,719
|
9,674
|
-5,719
|
12,165
|
13,575
|
14,538
|
Net margin
|
3.11%
|
4.46%
|
4.9%
|
5.25%
|
-2.79%
|
5.41%
|
5.81%
|
6.06%
|
EPS
2 |
199.2
|
283.2
|
304.6
|
262.8
|
-166.8
|
355.8
|
401.6
|
434.9
|
Free Cash Flow
1 |
10,209
|
12,060
|
13,913
|
2,193
|
-35,964
|
12,573
|
10,447
|
6,781
|
FCF margin
|
4.07%
|
4.92%
|
5.81%
|
1.19%
|
-17.57%
|
5.59%
|
4.47%
|
2.82%
|
FCF Conversion (EBITDA)
|
31.2%
|
35.05%
|
39.31%
|
8.36%
|
-
|
42.36%
|
25.43%
|
15.28%
|
FCF Conversion (Net income)
|
130.9%
|
110.42%
|
118.72%
|
22.67%
|
-
|
103.35%
|
76.96%
|
46.64%
|
Dividend per Share
2 |
110.0
|
120.0
|
120.0
|
120.0
|
120.0
|
120.0
|
130.0
|
136.7
|
Announcement Date
|
15/05/19
|
22/05/20
|
13/05/21
|
12/05/22
|
11/05/23
|
-
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 Q3
|
2025 Q4
|
2025 S2
|
---|
Net sales
1 |
1,19,837
|
1,25,322
|
1,12,119
|
1,27,155
|
45,315
|
89,094
|
47,894
|
47,221
|
95,115
|
45,500
|
50,173
|
95,673
|
54,826
|
54,206
|
-
|
52,766
|
57,020
|
1,09,786
|
57,693
|
57,554
|
-
|
52,900
|
54,800
|
-
|
59,500
|
60,800
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
6,363
|
9,765
|
6,021
|
10,610
|
2,268
|
5,183
|
2,315
|
-620
|
1,695
|
-3,147
|
-2,962
|
-6,109
|
-1,017
|
-1,429
|
-2,446
|
127
|
1,711
|
1,838
|
2,942
|
2,320
|
5,200
|
2,700
|
3,700
|
-
|
4,800
|
5,000
|
-
|
Operating Margin
|
5.31%
|
7.79%
|
5.37%
|
8.34%
|
5%
|
5.82%
|
4.83%
|
-1.31%
|
1.78%
|
-6.92%
|
-5.9%
|
-6.39%
|
-1.85%
|
-2.64%
|
-
|
0.24%
|
3%
|
1.67%
|
5.1%
|
4.03%
|
-
|
5.1%
|
6.75%
|
-
|
8.07%
|
8.22%
|
-
|
Earnings before Tax (EBT)
|
6,312
|
-
|
6,474
|
-
|
-
|
8,536
|
3,139
|
-
|
-
|
-1,754
|
-
|
-4,231
|
1,873
|
-
|
-
|
5,443
|
-
|
6,636
|
6,312
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
4,555
|
6,367
|
4,501
|
7,218
|
3,285
|
6,042
|
2,250
|
1,382
|
3,632
|
-1,107
|
-
|
-2,910
|
1,205
|
-
|
-
|
5,183
|
695
|
5,878
|
4,726
|
1,596
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
3.8%
|
5.08%
|
4.01%
|
5.68%
|
7.25%
|
6.78%
|
4.7%
|
2.93%
|
3.82%
|
-2.43%
|
-
|
-3.04%
|
2.2%
|
-
|
-
|
9.82%
|
1.22%
|
5.35%
|
8.19%
|
2.77%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
118.1
|
165.1
|
116.7
|
187.8
|
88.28
|
162.1
|
60.86
|
39.78
|
100.6
|
-32.20
|
-
|
-84.79
|
35.08
|
-
|
-
|
151.3
|
-
|
171.6
|
138.0
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
60.00
|
-
|
60.00
|
60.00
|
-
|
60.00
|
-
|
-
|
60.00
|
-
|
-
|
60.00
|
-
|
-
|
-
|
-
|
-
|
60.00
|
-
|
-
|
60.00
|
-
|
-
|
60.00
|
-
|
-
|
60.00
|
Announcement Date
|
07/11/19
|
22/05/20
|
10/11/20
|
13/05/21
|
11/11/21
|
11/11/21
|
10/02/22
|
12/05/22
|
12/05/22
|
09/08/22
|
09/11/22
|
09/11/22
|
09/02/23
|
11/05/23
|
11/05/23
|
08/08/23
|
09/11/23
|
09/11/23
|
09/02/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
40,729
|
26,744
|
32,741
|
43,492
|
85,177
|
79,213
|
75,897
|
78,622
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.245
x
|
0.7772
x
|
0.925
x
|
1.657
x
|
7.306
x
|
2.669
x
|
1.848
x
|
1.772
x
|
Free Cash Flow
1 |
10,209
|
12,060
|
13,913
|
2,193
|
-35,964
|
12,573
|
10,447
|
6,781
|
ROE (net income / shareholders' equity)
|
4%
|
5.6%
|
5.9%
|
4.8%
|
-3%
|
6.68%
|
7.3%
|
7.4%
|
ROA (Net income/ Total Assets)
|
4.75%
|
5.25%
|
5.42%
|
2.98%
|
-2.28%
|
2.54%
|
3.85%
|
4.12%
|
Assets
1 |
1,64,316
|
2,08,123
|
2,16,151
|
3,25,003
|
2,50,526
|
4,79,591
|
3,53,010
|
3,52,872
|
Book Value Per Share
2 |
4,985
|
5,101
|
5,397
|
5,778
|
5,326
|
5,543
|
5,808
|
6,125
|
Cash Flow per Share
2 |
673.0
|
757.0
|
792.0
|
788.0
|
423.0
|
1,028
|
1,153
|
1,278
|
Capex
1 |
19,043
|
20,245
|
20,625
|
20,684
|
29,666
|
30,117
|
33,433
|
33,833
|
Capex / Sales
|
7.59%
|
8.26%
|
8.62%
|
11.23%
|
14.49%
|
13.39%
|
14.31%
|
14.09%
|
Announcement Date
|
15/05/19
|
22/05/20
|
13/05/21
|
12/05/22
|
11/05/23
|
-
|
-
|
-
|
Last Close Price
3,899
JPY Average target price
4,162
JPY Spread / Average Target +6.74% Consensus |
1st Jan change
|
Capi.
|
---|
| +5.09% | 849M | | +11.94% | 52.71B | | +18.25% | 36.42B | | -4.95% | 34.44B | | +16.48% | 34.34B | | +14.17% | 19.61B | | +16.90% | 18.4B | | +20.05% | 18.29B | | +4.54% | 11.53B | | +1.66% | 6.88B |
Other Construction Materials
|